Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure

Gold and silver remain under short-term pressure as higher oil prices fuel inflation risks and delay rate-cut expectations, though geopolitical tensions still support the longer-term safe-haven outlook.

FXEmpire • May 1, 2026

Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold's Road to $4,800 Now Open?

Gold stabilises above the 0.382 Fib at $4,532 with bulls targeting $4,800, while silver struggles below $75 resistance as bears eye the $71.20–$69 support zone.

FXEmpire • May 1, 2026

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Gains Some Ground Despite Rising Treasury Yields

Silver and platinum have also moved higher in today's trading session.

FXEmpire • May 1, 2026

Spot gold lower, silver strong as traders assess global data, central bank outlook

Spot gold prices are slightly down and spot silver prices are modestly firmer in early U.S. trading Friday, as traders digest a heavy slate of global economic data and continue to assess the outlook for central bank policy following this week's major decisions.

Kitco • May 1, 2026

Bank of America stands firm on 12-month $6,000 gold target, sees silver averaging $86 in 2026

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Kitco • May 1, 2026

Gold and silver gain momentum after softer U.S. manufacturing data, easing Treasury yields

Spot gold and silver prices ended the North American session on a positive note on Friday, with both metals gaining support from softer U.S. manufacturing data and a pullback in Treasury yields. Gold firmed through the late morning and afternoon after early choppy trading, while silver led with modest gains. At the close, spot gold was trading at $4,613.83 per ounce for a flat performance, while spot silver closed at $75.357 per ounce for a gain of 2.18%.

Kitco • May 1, 2026

Why This Expert Says Gold's Comeback, and Silver's Struggles, Aren't a Good Sign for Precious Metals

The bear case for gold? Just take a look at silver.

Investopedia • Apr 30, 2026

Gold (XAUUSD) & Silver Price Forecast: Silver's 762M Oz Drain – Structural Bull Case Intact?

Central banks bought 244 tonnes of gold in early 2026 as silver faces its 6th deficit year, while XAU rebounds at $4,534 Fib with $4,800 in sight.

FXEmpire • Apr 30, 2026

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Rebounds As Dollar Dives

Falling oil markets provided additional support to precious metals.

FXEmpire • Apr 30, 2026

Solid price gains for gold, silver as USDX solidly down

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Kitco • Apr 30, 2026